UNITED ~~STATESSECURITIES AND EXCHANGE COMMISSION Washington, DC 20549~~ STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT ~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934~~

~~Date~~Pursuant ofto ~~Report~~Section 13 or 15(~~Date~~d) of ~~earliest event~~the ~~reported)~~Securities ~~July~~Exchange ~~26,~~Act ~~2005~~ of 1934

~~Bremer~~Date ~~Financial Corporation~~of Report (~~Exact~~Date ~~name~~ of ~~registrant~~ asearliest ~~specified~~event inreported) ~~its~~June ~~charter)~~8, 2006

~~Minnesota~~Bremer ~~(State~~Financial ~~or other jurisdiction of incorporation) 0-18342 (Commission File Number) 41-0715583 (I.R.S. Employer Identification No.)~~Corporation

~~445 Minnesota St., Suite 2000, St. Paul MN~~ (~~Address~~Exact name of ~~principal~~registrant ~~executive~~as ~~offices)~~specified ~~55101-2107~~in ~~(Zip~~its ~~Code~~charter)

(651)227-7621(Registrant's telephone, including area code)

Minnesota	0-18342	41-0715583
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Not Applicable(Former name or former address, if changed since last report)

445 Minnesota St., Suite 2000, St. Paul MN	55101-2107
(Address of principal executive offices)	(Zip Code)

(651) 227-7621

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~The~~Item ~~information~~2.04 inTriggering ~~this~~Events ~~Current Report~~That onAccelerate ~~Form~~or ~~8-K,~~Increase ~~including~~a ~~the~~Direct ~~exhibit,~~Financial ~~shall~~Obligation ~~not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”),~~ or ~~otherwise~~an ~~subject~~Obligation ~~to the liabilities~~ under ~~that~~an ~~Section. Furthermore, the information in this Current Report on Form 8~~Off-K,Balance ~~including~~Sheet ~~the exhibit, shall not be deemed to be incorporated by reference into the filings of Bremer Financial Corporation (the “Company”) under the Exchange Act or the Securities Act of 1933, as amended~~Arrangement.

~~Item~~On June 8, 2006, Bremer Financial Corporation (the “Company”) announced that Bremer Capital Trust I (the “Trust”), a subsidiary of the Company, will redeem on July 17, 2006 (the “Redemption Date”) all 2,400,000 of its 9.020% ~~Results~~Cumulative Capital Securities at a redemption price equal to the $25.00 liquidation amount of ~~Operations~~each security, plus all accrued and ~~Financial~~unpaid ~~Condiiton~~distributions per security to the Redemption Date. All distributions accruing on the Cumulative Capital Securities will cease to accrue effective the Redemption Date.

OnThe ~~July~~Trust ~~26,~~is ~~2005,~~taking ~~Bremer~~such ~~Financial~~action ~~Corporation~~in ~~issued~~connection awith ~~press~~the ~~release~~concurrent ~~reporting~~prepayment onby ~~its~~the ~~results~~Company of ~~operations~~all ~~and~~of ~~balance~~its ~~sheet~~9.0% ~~for~~Junior Subordinated Debentures due July 15, 2031 (the ~~quarter~~“Debentures”) ~~ended~~which ~~June~~are 30held exclusively by the Trust and may be prepaid at any time on or after July 15, ~~2005~~2006. ~~Attached~~The ~~hereto~~Debentures asare ~~Exhibit~~to ~~99.1~~be isprepaid on the Redemption Date at a ~~copy~~prepayment price equal to the principal outstanding amount of the ~~press~~Debentures ~~release,~~plus ~~which~~accrued isand ~~hereby~~unpaid ~~incorporated~~interest byto ~~reference~~the ~~herein~~Redemption Date.

The announcement of the notice of redemption was made by the Company in its press release dated June 8, 2006, filed as exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(cd) Exhibits~~: The following exhibit is furnished with this Current Report on Form 8-K:~~

99.1 Press release of Bremer Financial Corporation dated ~~July~~June 268, ~~2005~~2006.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date July 26, 2005 Bremer Financial Corporation

Date

June 8, 2006

Bremer Financial Corporation

By:

/s/Stuart F. Bradt

Stuart F. Bradt

Controller (Principal Accounting Officer)

By: /s/Stan K. Dardis Stan K. Dardis President and Chief Executive Officer

Exhibit Index

Exhibit Number	Description
99.1	Press release of Bremer Financial Corporation dated July 26, 2005.

Exhibit
Number	Description

99.1	Press release of Bremer Financial Corporation dated June 8, 2006.

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